Coin bank



0. G. SMITH April 21, 1931.

COIN BANK Filed Sept. 14, 1927 Patented Apr. 21, 1931 OLIVER G. SMITH, OF CHICAGO, ILLINOIS COIN BANO'K Application filed September 14, 1927. Serial No. 219,398.

My invention relates to coin banks, and especially to such as are particularly adapted for receiving and holding small coins to encourage savings. 7

One of the objects of the invention is to provide a simple, practical and inexpensive form of coin bank.

Another object of the invention is to reduce the cost of construction.

Another object of the invention isto arrange for the ready, quick and simple opening of the bank to permit the removal of coins by an authorized person.

Another object of the invention is to make difficult, and in fact impossible, the unauthorized opening of the bank or taking coins improperly from it.

Another object of the invention is to provide an attractive form or style of bank.

Other objects of the invention will be pointed out and appear hereinafter.

In the accompanying drawings;

Fi 1 is a plan view of a bank embodying my invention;

Fig. 2 is a longitudinalsection of the device on an'enl'arged scale, Fig. 2 being taken on line 2-2 in Fig. 3; and

Fig. 3 is a transverse section 3-3 in Fig. 2.

Referring to the drawings, I show a bank 1, which may be advantageously constructed in the form of a ring and may, if desired, be formed to simulate the casing of an automobile or similar tire. To such end the device may be provided with a tread portion 2 having markings 3 and a rim portion 4. Certain features of the invention are not limited, however, to the shape or construction of the bank.

When made in the form of a pneumatic tire casing, the device is preferably made of two longitudinal portions 5 and 6 which are adapted to fit telescopically together, the side edges of the portion 5 fitting over the side edges of the portion 6.

Provision is also preferably made for holding these two portions 5 and 6 together, as by providing one of them, for example the portion 5, with lugs 7 having recesses 8 and by providing the portion or member 6 with pins taken on line or studs 9 having heads 10 and adapted to engage thenuts or recesses 8 in member 7. Thus, by placing the two members 5 and 6 together and turning them slightly relatively to one another, said portions may be caused to engage one another so as to be held against separation.

Provision is also made for locking said members 5 and 6 in such an engaged position so that said members may not be turned relatively to release and separate them. While this locking engagement might be in various forms, it is preferably arranged in connectlon with the device or mechanism for depositing come, as will be explained hereinafter. v V V For depositing the coins I show a coin carrier or holderll, preferably of rotary form and having a peripheral closed portion 12 and an open peripheral portion 13, the open ng 13 being of such size as to permit the insertion of'a coin into the carrier or holder, the coin being held in position in the same by the closed portion 12, the holder 11 being substantially hollow and formed by two side walls 14, 14. V

This coin carrier or holder 11 is preferably pivotally mounted upon a shaft or spindle 15 whose ends are mounted in frame members 16 and 17 and the mounting is such that the holder 11 when turned to a position indicated in Fig. 2 will have its opening 13 in position to receive a coin which may be insertedthrough the interior or rim portion of the casing and also so that when the coin issoinserted in the'carrier 11 and then the latter is turned, the coin will fall out, a small 7 tilting of the device perhaps being necessary, so that the coin will fall into the interior of the casing and thus be deposited in the bank. By further turning the holder 11, either backward or forward, the opening 13 may be again exposed to the outside of the device and another coin may be passed into the holder or carrier and then deposited in the bank. Thus coins one after another may be deposited and so as many coins as desired, up to the capacity of the device, may be accumulated. Owing to the difliculty, perhaps the practical impossibility of manipulating the device and coin carrier 11 so as to get a coin to enter the opening 13 from the interior of the bank, it will be seen that it will be clitlicult, if not in fact impossible, to take coins improperly from the bank by means of the inserting device and hence the bank is proof against robbery in this respect.

As an arrangement for locking the two members 5 and 6 against relative rotation, so as to hold them together when interlocked, suitable mechanism is arranged to prevent such relative movement and also to allow the same under proper circumstances. WVhile this mechanism could have a variety of forms, it is preferably arranged in connection with the rotary carrier 11 and may consist of a lug or projection 18 on the member 6 and a slot 19 in a hub 20 on the spindle or axis 15, which slot 19 is adapted to receive the ing 18 when it registers with said lug 18 by reason of the turning movement of carrier 11. Thus, when slot 19 is in position to receive lug 18, the members 5 and 6 may be turned slightly with reference to one another, in which case member 18 will enter slot 19 and pins 9 will move out or recesses or notches 8 in members 7. This will permit the separation of members 5 and 6, for with pins 9 out of notches 8, heads 10 on pins 9 will be enough to one side of members 7 to permit them to pass said members 7 and thereby permit members 5 and 6 to be separated transversely from one another. (ln the other hand, when slot 19 is not in register with lug 18 and pins 9 are in notches 8, projection 18 will be held against movement by hub 20 and consequently longitudinal movement to withdraw pins 9 from notches 8 will be prevented and heads 10 will prevent lateral or transverse separation of members 5 and 6 and said members will be held normally locked together and this will continue indefinitely, until these members are released by registration of slot 19 with lug 1S and the movement of parts 5 and 6 longitudinally with reference to one another, as permitted by this registration.

The carrier 11 may be given a secret mark or a combination number, or other arrangement made, so that registration of slot 19 with lock 18 may be accomplished by an authorized person and when this is accomplished and the parts separated the bank is open and the coins may be removed.

By having the bank locked in closed con dition by means of the coin carrier, only one operative mechanism is necessary, this mechanism serving both to deposit the coins and also to lock and unlock the bank. This results in simplicity of construction and operation and is distinctly advantageous, although other arrangements could be made.

It will be understood that changes and modifications may be made without departing from the spirit of the invention.

hat I claim is 1. A coin bank made of two separable parts, and means for holding said parts together comprising headed pins on one member and notched devices on the other member, "for engaging the pins and means for preventing relative movement of said separable parts, said last mentioned means comprising a 1'0- tary member having a radial slot mounted on and carried by one member or part and a lug adapted to fit into said radial slot mounted on and carried by the other member.

2. A coin bank having a coin carrier for inserting coins into the interior of the bank, and means for maintaining said bank in .a closed condition, said means being operatively associated with the coin carrier.

3. A coin bank having a coin carrier and means for maintaining the bank in a closed condition, said means being controlled by the coin carrier.

1. A coin bank having a movable coin carrier for introducing coins within the interior of the bank in combination with locking means for holding the bank in a closed condition, said locking means being operated by moving said movable coin carrier.

5. A coin bank composed of two separable members having a movable coin carrier, locking means for holding the bank in closed condition, and mechanism controlling said 1 cking means, said mechanism comprising a slot on the coin carrier which is mounted on one member and a lug attached to the other member, said lug adapted to cooperate with said slot.

(5. A coin bank having a rotary coin carrier provided with a peripheral coin slot in combination with locking means comprising a radial slot on the coin carrier, and a lug adapted to cooperate with said slot.

7. A coin bank provided with a rotary coin carrier operating in a peripheral slot in the bank, saidbank being provided with two longitudinally separated portions, and means for holding the same together, and mechanism for controlling said means comprisinga slot on the coin carrier and a lug to cooperate with said slot.

8. A coin bank provided with a rotary coin carrier operating in a peripheral slot in the bank, said bank being provided with two longitudinally separated portions carrying cooperating devices for holding them together, said devices consisting of notched members on one portion and headed pins on the other, and mechanism for controlling said devices comprising cooperating devices on the coin carrier and on one of said portions.

9. A coin bank provided with a rotary coin carrier operating in a peripheral slot in the bank, said bank being provided with two longitudinally separated portions carrying cooperating devices for holding them together, said devices consisting of notched members on one portion and headed pins on the other, and mechanism for controlling said devices comprising cooperating devices on the coin carrier and on one of said portions, said last mentioned devices comprising a radial slot on the rotary coin carrier and a lug carried by one of said portions and cooperating With said slot.

In Witness whereof, I hereunto subscribe my name this 9th day of September A. D,

OLIVER G. SMITH 

